In a Dutch oven, cook diced bacon in oil until crisp. Remove and set aside.
Brown the beef cubes in the bacon fat in batches. Set aside.
Sauté onions and carrots until soft. Add garlic and tomato paste.
Return beef and bacon to the pot. Sprinkle with flour and stir to coat.
Add red wine and beef stock to cover the meat. Add bouquet garni, season with salt and pepper.
Cover and simmer for 2.5–3 hours on low heat or in a 160°C oven.